Mining Review 18th January 2026

Mining Review 18th January 2026

Catalyst Metals, Equinox Gold, and G Mining Ventures all announced record production and revenues. Lahontan Gold drilled thick, shallow gold.

The lithium price is rising quickly, up 63% in a month.

 

 

 

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Lahontan Gold

Santa Fe panoramic view – Courtesy of Lahontan Gold

 

 

 

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City Investors Circle Mining Review 18th January 2026

Catalyst Metals, Equinox Gold, and G Mining Ventures all announced record production and revenues, please click the links below to read the full news release.

Lahontan Gold drilled thick shallow gold in Nevada.

West Red Lake Gold Mines finally declared commercial production at the Madsen mine, and the price popped to a new all-time high of C$1.24.

 

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The lithium price is rising quickly, up 63% in a month. The Chinese government is struggling to control the price. Some forecasters predict a modest rise in price.

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News from our other tier 1 and 2 watchlist companies is pasted below, click on the link to be taken to the full story.Archives

  Lahontan Gold Drills Thick, Shallow Gold at York and Slab

  Catalyst Metals Reported Record Plutonic gold production

  Equinox Gold Delivered Record Q4 Production and FY 2025 Gold Production

  G Mining Ventures Reported Q4 2025 Operational Results

  West Red Lake Gold Declared Commercial Production at Madsen

  Heliostar Provided 2026 Guidance and Growth Plan

  Mining Review 11th January 2026

 

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices 180126 Weekly % change Monthly
Gold price in UK £ 3452 2.46% 5.89%
Gold in AUD$ 6877 1.97% 4.58%
Gold 4597 1.91% 5.97%
Silver 90.31 12.89% 34.59%
Palladium 1787 -4.44% 5.24%
Platinum 2337 2.59% 18.39%
Rhodium 9850 4.23% 26.28%
Copper 5.83 -1.19% 5.81%
Nickel 8.05 -3.48% 21.97%
Zinc 1.46 -0.68% 4.29%
Tin 23.6 18.95% 24.21%
Cobalt 25.53 0.12% 6.38%
Lithium 22688 33.46% 63.01%
Uranium 85 3.66% 8.97%
Iron Ore 106.4 -2.39% 1.62%
Coking Coal 232 4.04% 9.43%
Thermal coal 111 4.72% 4.72%
Metal ETFs 180126 Weekly % change Monthly
GLD 421 1.69% 5.51%
GDX 97.24 5.06% 10.50%
GDXJ 128 4.92% 8.47%
Sil 98 8.89% 15.29%
SILJ 33.5 8.06% 17.75%
GOEX  (PCX) 90 3.45% 7.14%

 

Click HERE for live Spot Metal Prices 

 

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in some of the companies mentioned.

.

To read our full terms and conditions, please click HERE




Mining Review 21st December 2025

Mining Review 21st December 2025

The big news of the week was Equinox Gold’s Brazilian asset sale to reduce debt.

Great Boulder, Ora Banda Mining, and Pacgold all announced exploration successes.

 

 

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Aerial view of the White Dam Project – Courtesy of Pacgold Ltd.

 

 

 

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City Investors Circle Mining Review 21st December 2025

The big news of the week was Equinox Gold’s Brazilian asset sale to reduce debt.

Great Boulder, Ora Banda Mining, and Pacgold all announced exploration successes.

 

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A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. Arc

   Ora Banda Confirms Significant Extension at Sand King

  Great Boulder +1 M Oz High-Grade Gold Resources at Side Well

  Pacgold’s St George Defines 14km Gold and Antimony Anomaly

  Kaiser Reef Completes Union Hill Waste Dump Drilling

  Westgold Sells Mt. Henry to Alicanto Minerals

  Westgold to Spin-Out Non-Core Assets to Valiant

  Equinox Gold Sale of Brazil Operations, Reduces Debt

  Mining Review 14th December 2025

 

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Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices 211225 Weekly % change
Gold price in UK £ £3260 1.34%
Gold in AUD$ A$6576 1.67%
Gold $4338 0.88%
Silver 67.1 8.31%
Palladium 1698 12.30%
Platinum 1974 11.84%
Rhodium 7800 -2.19%
Copper 5.51 0.36%
Nickel 6.6 0.76%
Zinc 1.4 -7.28%
Tin 19 0.32%
Cobalt 24 0.25%
Lithium 13918 5.02%
Uranium 78 0.58%
Iron Ore 104.7 2.65%
Coking Coal 212 2.42%
Thermal coal 106 -0.93%
Metal ETFs Price Weekly % change
GLD 399 1.01%
GDX 88 2.33%
GDXJ 118 3.51%
Sil 85 3.66%
SILJ 28.45 3.01%
GOEX  (PCX) 84 3.70%
URA 46 0.00%
COPX  70 2.94%
HUI  717 2.28%
Gold / Silver ratio 64.65 -6.86%

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Click HERE for live Spot Metal Prices 

 

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.

City Investors Circle is based in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Equinox Gold Sale of Brazil Operations, Reduces Debt

Equinox Gold (TSX / NYSE: EQX)

Has agreed to sell its 100% interest in the Aurizona Mine, RDM Mine and Bahia Complex located in Brazil  to a subsidiary of the CMOC Group for total consideration of $1.015 billion.

 

 

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Equinox Gold

Aurizona Mine, Brazil – Credit Equinox Gold

 

 

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Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$16 Billion @ C$20.23
Location Canada, Nicaragua, USA, Brazil
Website www.equinoxgold.com

 

 

 

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Equinox Gold Announces Sale of Brazil Operations for Total Consideration of $1.015 Billion, Focusing on Near-Term North American Growth


($900 Million Cash and Up to $115 Million Cash Contingent Payment)

 

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Vancouver, British Columbia–(Newsfile Corp. – December 14, 2025) – Equinox Gold Corp.(TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) has agreed to sell its 100% interest in the Aurizona Mine, RDM Mine and Bahia Complex located in Brazil (the “Brazil Operations”) to a subsidiary of the CMOC Group for total consideration of $1.015 billion (the “Transaction”).

 

Under the Transaction, Equinox Gold will receive upfront cash of $900 million due on closing, subject to customary adjustments, and a production-linked contingent cash payment of up to $115 million one year after closing.

 

Closing is expected in the first quarter of 2026, subject to regulatory approvals and other customary conditions, and is not subject to any financing conditions.

 

All financial figures are in US dollars, unless otherwise indicated.

 

 

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Darren Hall, Chief Executive Officer of Equinox Gold, stated:

“The sale of our Brazil Operations is a pivotal step to position Equinox Gold as a North American focused gold producer underpinned by robust cash flow and a tier-one growth profile.

 

“The proceeds will transform our balance sheet and immediately strengthen our financial position by fully repaying our $500 million Term Loan and $300 million Sprott Loan, and reducing our revolving credit facility.

 

“This will greatly reduce interest expense and enhance per-share cash flow. The Company will have enhanced flexibility to self-fund organic growth and consider capital return initiatives within a disciplined capital allocation framework.

 

“Monetizing our Brazil Operations simplifies the portfolio and enables the Company to deploy capital toward higher-return, lower-risk, organic-growth opportunities in Canada and the United States.

 

“By concentrating on our long-life assets, including Greenstone in Ontario, Valentine in Newfoundland and Labrador, and Castle Mountain in California, we position the Company to deliver stronger margins and sustainable returns.

 

“With Valentine ramping up, continued performance improvements at Greenstone, and steady contributions from Mesquite and Nicaragua, Equinox Gold is positioned to drive long-term per-share value for our shareholders.”

 

 

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Pro Forma Production and Asset Profile

Following close of the Transaction, Equinox Gold’s production platform will consist of the Valentine and Greenstone mines in Canada, the Mesquite mine in California, and the El Limón and Libertad mines in Nicaragua.

As Valentine and Greenstone reach nameplate capacity, and assuming stable performance across the portfolio, the Company anticipates annual 2026 production of between 700,000 to 800,000 ounces of gold.

Equinox Gold is also positioned for near-term organic growth from the Valentine Expansion, Castle Mountain Phase 2, and a redefined development plan at Los Filos in Mexico.

Formal 2026 production and cost guidance will be provided in early 2026.

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To read the full news release please click HERE

 

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To see the latest share price and chart, please click HERE.

 

To View Equinox Gold’s historical news, please click here

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The live gold price can be found HERE

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.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.

To read our full terms and conditions, please click HERE

.

.

 




Market Review November 2025 Published

Market Review November 2025 Published

The City Investors Circle 135th Monthly Review has been published for November 2025.

The highlighted company is Endeavour Silver. Other companies mentioned include Orla Mining and Equinox Gold.

 

 

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City Investors Circle Market Review November 2025 Published

The City Investors Circle 135th Monthly Review has been published for November 2025.

The highlighted company is Endeavour Silver.

Other companies mentioned include Orla Mining and Equinox Gold.

The main topic is the nominal all-time high price of silver, and the root causes.

After a brief wobble of the gold and silver prices they have bounced back and producing miners remain around recent highs.

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To read the November 2025 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

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Archive of November’s news releases is listed below, click the link to be taken to the full story.

  Silver Price Hits An All-Time High

  West Red Lake Gold Mines Drills at Fork

  Kaiser Reef to Commence Union Hill Waste Dump Drilling

  Barton Gold Tunkillia Upgrade Drilling Completed

  Heliostar Drills 83.2m Grading 17.35 g/t Gold from 76m

  Horizon Minerals Gold Mining Update

  Mining Review 23rd November 2025

  Mining Conference Week 1 Reviewed

  Swiss Mining Conference

  121 Mining Conference London

  Colonial Coal Continues Talks With Interested Parties

  Pacgold White Lion Drilling Intersects Gold Mineralisation

  Orla Mining Generates $93 Million FCF in Q3

  Omai Gold Drills 20.33 g/t Au over 5.3m and 2.72 g/t Au

  Mining Review 16th November 2025

  G Mining Ventures Reports Strong Q3 2025 Results

  Catalyst Settles Legal Case For The Tandarra Gold Project

  Lefroy to Commence Lucky Strike Gold Production

  Capricorn Grows Mt Gibson Underground Resource

  Meeka Metals Reports 8m @ 14.8g/t Au at Turnberry South

  Pacgold launches restart of White Dam Gold Mine

  Mining Review 8th November 2025

  West Red Lake Gold Confirms High-Grade Gold in Lower Austin

  Equinox Gold Delivers Record Q3 Production and Revenue

  Wesdome Intersects New Zone at Kiena’s Dubuisson Deposit

  Horizon Minerals Notice Of Share Consolidation

  Omai Gold Drills 20.33 g/t Au over 5.3m at Wenot

  Western Gold Grade Control Supports Mine Decision

  New Murchison Gold Complete Strong Production Ramp Up

  Mining Review 2nd November 2025

  Market Review September 2025

 

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——-

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE




Swiss Mining Conference

Swiss Mining Conference

Another day another mining conference, this one in Zurich, one of my favourites on the circuit.

I spoke with a CEO today whose company looks set to enter production late 2026, and feel it’s time to make an investment.

 

 

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Swiss Mining conference

 

 

Swiss Mining Conference

Another day another mining conference, this one in Zurich, one of my favourites on the circuit.

I spoke with a CEO today whose company looks set to enter production late 2026, and feel it’s time to make an investment. That CEO is Alan Carter of Cabral Gold.

Alan is British, has invested a large amount of his personal money into Cabral, supporting the company when rising finance was really tough, and the company are now preparing for trial production commencing at the end of next year.

Cabral has arranged a gold swap, with a rate of 10% interest, to finance the building of the plant. This is a novel approach and sets Cabral apart from the crowd. One wonders whether this may be emulated by other miners in the future?

So, Cabral plan a new Mineral Resource Estimate during mid 2026, and then to enter trial production by year end. For me this is the sweet spot, as the company climbs the final hill on the Lassonde curve towards production and cashflow.

The amount of gold permitted to be mined under a Brazilian trial production licence is quite generous, and will allow Cabral to generate some meaningful cash, plus expand its exploration projects, which will ensure plenty of newsflow and no stock dilution moving forwards.

Cabral’s project is only 12 miles from G Mining Ventures’ newly opened producing TZ mine, and they look an obvious predator at some point, given the close proximity.

I am planning to personally invest in Cabral in the near future.

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Equinox Gold is a company I have not met for some time, so I was pleased to catchup with its IR guy today for the first time since the acquisition of Calibre mining to produce a solid mid-tier gold mining company with producing mines in five countries.

Equinox are running two large gold mines in Canada that are both starting up, with Valentine now up to commercial production, and Greenstone nearly there, but with a few teething troubles.

They are both throwing off cash, as are the former Calibre producing mines in Nicaragua.

The company has around $1.2 – $1.4 billion in debt, and the primary objective is to reduce that as fast as possible. The Pan gold mine in Nevada has been sold to Minera Alamos for around $115 million as a starter, and I feel the Nicaraguan mines may be next.

If the gold price remains at current levels, I feel the bulk of the debt will be gone by this time next year.

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One other mining company I met today that has a project I like is Cerro de Pasco Resources, with a polymetallic tailings project in Peru.

I like tailings projects because the hard work has already been done, the ore is sitting at surface so doesn’t have to be mined, reducing both costs and time.

The tailings in question are high-grade, and contain galium, a critical metal used to make microchips, and one on the USA’s critical list.

Still a bit early stage , but the forthcoming catalysts are the acquisition of the remaining tailings, with a high copper content, and the acquisition of the Vulcan owned mining plant close by.

Mining is critical to the town of Cerro de Pasco, high up in the Andes with no other large employer, and was built to provide labour for the mine.

This is a story I will follow closely for now.

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.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email  andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

 

 

Disclosure

I may own some of the shares mentioned in this report.

.

To read our full terms and conditions, please click HERE




Mining Review 8th November 2025

Mining Review 8th November 2025

Equinox Gold reported record production and revenue in Q3, benefitting from the high gold price and recent production start-up at the Valentine gold mine.

New Murchison Gold confirmed their start-up at Crown Prince had been strong. Omai and Wesdome both reported good exploration results.

 

 

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Omai Gold Mines

Credits – Omai Gold Mines

 

 

 

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City Investors Circle Mining Review 8th November 2025

 

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Equinox Gold reported record production and revenue in Q3, benefitting from the high gold price and recent production start-up at the Valentine gold mine.

New Murchison Gold confirmed their start-up at Crown Prince had been strong. Omai and Wesdome both reported good exploration results.

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It was a bit of a nervy week, with the gold price oscillating around the key $4,000 level, and finished even for the week. Silver fell back 1.5% as it fell out of favour after the recent run.

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A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story. 

  West Red Lake Gold Mines Confirmed High-Grade Gold in Lower Austin

  Equinox Gold Delivered Record Q3 Production and Revenue

  Wesdome Gold Intersected New Zone at Kiena’s Dubuisson Deposit

  Horizon Minerals Notice Of Share Consolidation

  Omai Gold Drilled 20.33 g/t Au over 5.3m at Wenot

  Western Gold Resources Grade Control Supports Mine Decision

  New Murchison Gold Completed a Strong Production Ramp Up

  Mining Review 2nd November 2025

 Market Review September 2025

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Market Data

Weekly Price Changes

(US$ unless stated).

Metal Prices Price Weekly % change
Gold price in UK £ 3062 0.43%
Gold in AUD$ 6167 0.80%
Gold 4001 -0.10%
Silver 48.12 -1.57%
Palladium 1407 -24.72%
Platinum 1319 -7.50%
Rhodium 8075 0.00%
Copper 4.95 -3.88%
Nickel 6.81 -1.59%
Zinc 1.44 3.60%
Tin 16.3 -0.06%
Cobalt 22.03 9.06%
Lithium 11092 -1.40%
Uranium 78.2 -3.69%
Iron Ore 106 0.19%
Coking Coal 197 1.55%
Thermal coal 115 4.55%
Metal ETFs Price Weekly % change
GLD 368 0.00%
GDX 73 1.39%
GDXJ 93 -1.06%
Sil 65 -1.96%
SILJ 21.74 -4.65%
GOEX  (PCX) 66.35 1.61%
URA 47.82 -13.45%
COPX  61 -1.13%
HUI  580 -0.17%
Gold / Silver ratio 83.15 1.50%

.

Click HERE for live Spot Metal Prices 

 

.=======

.

City Investors Circle is based in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Equinox Gold Delivers Record Q3 Production and Revenue

Equinox Gold (TSX / NYSE: EQX)

Announced record financial and operating results in Q3 2025.

The Company’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis are available for download on the Company’s profile on SEDAR.

 

 

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Equinox Gold

Greenstone Mine – Credits Equinox Gold Corp.

 

 

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Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$9 Billion @ C$11.41
Location Canada, Nicaragua, USA, Brazil
Website www.equinoxgold.com

 

 

 

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Equinox Gold Delivers Record Q3 Production and Revenue; Canadian Gold Production Increasing, Setting the Stage for a Strong 2025 Finish and Momentum into 2026

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Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce its Q3 2025 financial and operating results.

The Company’s unaudited condensed consolidated interim financial statements (“Financial Statements”) and related management’s discussion and analysis (“MD&A”) are available for download on the Company’s profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar and on the Company’s website at www.equinoxgold.com.

All financial figures are in US dollars, unless otherwise indicated.

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Darren Hall, CEO of Equinox Gold, commented:

“Equinox Gold delivered another solid quarter with record production of 236,382 ounces and all-in sustaining costs of $1,833 per oz.

 

“With Greenstone continuing to improve, Valentine ramping up well, and Nicaragua and Brazil reliably contributing to production and cash flow, we expect a strong finish to the year.

 

“The Company remains on track to deliver the mid-point of our 2025 consolidated production guidance, after the divestment of our Nevada assets, and before considering any production from Valentine.

 

“At Greenstone, operational performance advanced significantly during the quarter. In Q3, mining rates exceeded 185,000 tonnes per day, a 10% increase over Q2 and a 21% increase over Q1.

 

“Importantly, mill grades improved 13% in Q3 to 1.05 grams per tonne (“g/t”) gold. This positive momentum has continued into Q4 with October mining rates exceeding 205,000 tonnes per day and mill grades improving to 1.34 g/t. The improvements underscore our confidence that Greenstone will deliver a strong Q4 and continue that momentum into 2026.

 

“At Valentine, commissioning continues ahead of expectations. From first ore on August 27 through to the end of October, the plant averaged 4,992 tonnes per day, or 73% of nameplate capacity.

 

“For October, the plant averaged 91% of nameplate and recoveries exceeded 93%, positioning the team well to deliver into the higher end of our Q4 Valentine production range of 15,000 to 30,000 ounces. With the ramp-up firmly on track, I anticipate Valentine will reach nameplate capacity by Q2 2026.

 

“During the quarter, we strengthened our balance sheet by reducing debt by $139 million and, subsequent to quarter-end, added $88 million in cash from the sale of our Nevada assets.

 

“These actions enhance financial flexibility and reinforce our commitment to balance sheet strength, portfolio optimization, and disciplined capital allocation.

 

“With Greenstone and Valentine ramping up, the Company is entering 2026 with growing Canadian production, improving cash flow, and a clear strategy to maximize per-share value through operational excellence, capital discipline, and continued debt reduction.”

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To read the full news release please click HERE

 

——-

 

To read the full news release please click HERE.

 

To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.

.




Market Review September 2025 Published

Market Review September 2025

Benz Mining is the highlighted company.

Companies mentioned include Barton Gold, Erdene Resource Development, Equinox Gold, and West Red Lake Gold Mines.

 

 

.

Equinox Gold

 

 

.

City Investors Circle Market Review September 2025 Published

 

 

.

Market Review September 2025 – 

Benz Mining is the highlighted company.

Companies mentioned include Barton Gold, Erdene Resource Development, Equinox Gold, and West Red Lake Gold Mines.

——-

 

The average gain on stocks in our Tier 1 portfolio in September was 19%.

The highest risers were G Mining Ventures and Ora Banda Mining, rising 33% each.

There were no fallers.

——-

.

To read the September 2025 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentations, please email andrew@city-investors-circle.com

.

——-

Archive of September’s news releases is listed below, click the link to be taken to the full story.

 Barton Gold Commence DFS for Stage 1 Production

  Mining Review 28th September

  Equinox Workers Reported Injured at Valentine Gold Mine

  Lefroy’s High-Grade Gold Assays Support Lucky Strike Expansion

  Initiating Coverage – Erdene Resource Development

  Barton Gold’s Soil Assays Indicate Extensions and New Targets

  West Red Lake Gold Upsizes Bought Deal Financing

  Gold Road to Cease Trading on The ASX

  Mining Review 21st September 2025

  Barton Gold Resource Upgrade Drilling Begins at Tunkillia

  Initiating Coverage – Benz Mining

  Equinox Gold Delivers First Gold at its Valentine Gold Mine

  Orla Mining Stake Sold By Agnico Eagle

  West Red Lake Announces $30 Million Bought Deal

  Minerals 260 Report High-grade intercepts and new targets

  Mining Review 14th September 2025

  Lefroy’s Lucky Strike Gold Deposit advances towards operations

  Kaiser Reef Puts the A1 Mine on Care and Maintenance

  Galiano Gold Plunges 8% After Mine site Confrontation

  Murchison Gold Becomes Australia’s Newest Gold Producer

  Barton Gold ‘Stage 1’ Resources at Central Gawler Mill Pass 300koz Au

  Barton Gold Enters the ASX 500 Index

  Ora Banda Announces Outstanding Drill Results At Waihi

  Mining Review 7th September 2025

  Westgold 2025 Mineral Resources Estimate and Ore Reserves

  New Murchison Gold Report High-Grade Gold Hits At Abbotts

  Capricorn’s Karlawinda Expansion Project Siteworks Underway

  G Mining Ventures Receives Final Permit for Oko West Gold Project

  Kaiser Reef starts a strategic review of its A1 Gold Mine

  Galiano Gold Reports Q2 2025 Results

  Market Review August 2025 Published

 

——-

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE




Equinox Workers Reported Injured at Valentine Gold Mine

Equinox Gold (TSX: EQX)

CBC news has reported that two workers at the newly opened Valentine gold Mine in Newfoundland have suffered leg injuries in a workplace accident.

The company have yet to officially comment.

 

 

.

Calibre Mining

Valentine gold mine – Credits Calibre Mining.

 

 

.

Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$11 Billion @ C$14.53
Location Canada, Nicaragua, USA, Brazil
Website www.equinoxgold.com

 

 

CBC News reports accident at the Valentine Gold Mine Owned by Equinox Gold

 

As the company has not yet reported this incident, the link to CBC’s article can be accessed HERE.

Naturally our thoughts are with the families concerned and we hope for a full and speedy recovery for those reported injured.

The company are clearly taking the correct actions to prevent a reoccurrence.

.

——-

.

To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.

To read our full terms and conditions, please click HERE

.

 

 




Mining Review 21st September 2025

Mining Review 21st September 2025

Equinox Gold celebrated the pouring of the first gold at their newly completed Valentine gold mine in Newfoundland.

Minerals 260 reported high grade drill intercepts and new targets.

 

 

.

Benz Mining

Glenburgh project map – Courtesy of Benz Mining

 

 

.

 

City Investors Circle Mining Review 21st September 2025

 

Mining Review 21st September 2025

Equinox Gold celebrated the pouring of the first gold at their newly completed Valentine gold mine in Newfoundland. This has given the shares a small boost, after the recent 41% increase during the last month.

Equinox is now in a position to exploit a gold price it could never have imagined during the contruction of their recent new mines, and therefore one hopes that they will focus on debt repayment whist the sun is still shining on the gold price.

Minerals 260 reported high grade drill intercepts and new targets. The share price has also moved strongly during the last month, up 70.83%. The presense of veteran Australian mining entrepreneur Tim Goyder on the management team ensures investor focus and a degree of confidence here.

 

Orla Mining shares took a 5% hit after Newmont anounced they had divested 43 million shares in the company, closely following Agnico Eagle’s announcement that they had sold their entire Orla holding of 38 million shares.

The share price has fallen from a recent high of C$17.60 to C$14.44, so I’m considering whether this might represent an opportunity after the market has absorbed this huge volume of selling within ten days.

 

——-

 

Archives

image_pdfimage_print

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

Barton Gold Resource Upgraded Drilling Begins at Tunkillia

Initiating Coverage – Benz Mining

Equinox Gold Delivered First Gold at its Valentine Gold Mine

Orla Mining Stake Sold By Agnico Eagle

West Red Lake Gold Mines Announced a $30 Million Bought Deal

Minerals 260 Reported High-grade intercepts and new targets

Mining Review 14th September 2025

 

——-

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2737 1.60%
Gold in AUD$ 5591 1.65%
Gold 3687 1.18%
Silver 43.26 2.46%
Palladium 1157 -5.01%
Platinum 1391 -0.57%
Rhodium 7025 -1.40%
Copper 4.49 -2.18%
Nickel 6.84 -2.01%
Zinc 1.34 0.00%
Tin 15.85 0.70%
Cobalt 15.13 0.07%
Lithium 10094 3.42%
Uranium 77 0.92%
Iron Ore 113 -0.18%
Coking Coal 188 0.53%
Thermal coal 108 5.88%
Metal ETFs Price Weekly % change
GLD 339 1.19%
GDX 72 2.86%
GDXJ 92 2.22%
Sil 66.52 1.02%
SILJ 21 2.44%
GOEX  (PCX) 64 3.23%
URA 49.93 18.88%
COPX  53.5 0.94%
HUI  577.67 3.34%
Gold / Silver ratio 85.23 -1.25%

 

.

Click HERE for live Spot Metal Prices 

 

.=======

.

City Investors Circle is based in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Equinox Gold Delivers First Gold at its Valentine Gold Mine

Equinox Gold (TSX / NYSE: EQX)

Announced the first gold pour at its Valentine Gold Mine located in Newfoundland and Labrador, Canada.

Commissioning of the Valentine process plant is progressing extremely well, with mill throughput averaging 47% of nameplate for the first 15 days of operation.

 

 

.

Equinox Gold

Valentine Mine nears completion – Credits Calibre Mining

 

 

.

Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$11 Billion @ C$14.53
Location Canada, Nicaragua, USA, Brazil
Website www.equinoxgold.com

 

 

.

Equinox Gold Delivers First Gold at its Valentine Gold Mine in Newfoundland and Labrador, Canada

 

 

.

Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce the first gold pour at its Valentine Gold Mine (“Valentine”) located in Newfoundland and Labrador, Canada.

 

 

.

Darren Hall, Chief Executive Officer of Equinox Gold, commented:

“Commissioning of the Valentine process plant is progressing extremely well, with mill throughput averaging 47% of nameplate for the first 15 days of operation, resulting in first gold being poured earlier than expected, on September 14, 2025.

 

“I am very pleased with commissioning progress, which positions Valentine to ramp-up to its nameplate capacity of 2.5 million tonnes per year in Q2 2026.

 

“First gold at Valentine reflects the vision, determination and teamwork of many people who advanced this mine from concept to reality. I extend my congratulations to Jason Cyr and the entire Valentine team for delivering first gold safely and responsibly.

 

“Today we celebrate not only this milestone, but also the opportunities and benefits that Valentine will generate for our employees, communities and shareholders for many years to come.

 

“Commencing production at Valentine marks the beginning of a new chapter for Equinox Gold. With both Valentine and Greenstone now ramping up to capacity, the Company is set to become the second largest producer of Canadian gold.”

.

=======

Valentine Gold Mine

Once fully operational, Valentine will be Equinox Gold’s second-largest mine, the largest gold mine in Atlantic Canada, and a significant contributor to the Newfoundland and Labrador economy.

Valentine is a conventional crush-grind carbon-in-leach operation expected to produce between 175,000 and 200,000 ounces of gold annually for the first 12 years of its 14-year reserve life1when operating at design capacity of 2.5 million tonnes per year.

Equinox Gold is advancing opportunities to both increase production and extend the mine life, including a Phase 2 expansion to increase plant throughput and exploration potential at numerous new discoveries on the property.

.

To read the full news release, please click HERE

——-

.

To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.

.




Market Review August 2025 Published

Market Review August 2025

The highlighted company is Great Boulder Resources.

August produced an average 25% increase in share price for our top 10 watchlist, with one company rising by 53%.

 

 

.

Great Boulder Resources

Great Boulder Resources project map – Courtesy of Great Boulder Resources

 

 

.

.

City Investors Circle Market Review August 2025 Published

 

The highlighted company is Great Boulder Resources.

The company is based in Western Australia, and has an experienced management team, is well funded, and has the potential of early stage toll milling production on a capex of just A$3.5 million.

.

August produced an average 25% increase in share price for our top 10 watchlist, with one company, Galiano Gold, rising by 53%.

——-

The Review contains a table of pure silver mining companies listed on the ASX, LSE, and TSX exchanges.

Silver is on the cusp of breaking $40 an ounce on the back of increased industrial demand from the solar power, EV, electronics, and microchip industries, combined with a growing supply deficit.

——-

Companies featured include Equinox Gold and Ora Banda Mining, plus comments about the largest pure silver mining companies, and a list of the top few on the ASX, London, and TSX exchanges.

——-

To read the August 2025 Market Review, please click HERE.

To receive future issues of the Market Review and invitations to our free to attend mining presentation, please email andrew@city-investors-circle.com

.

——-

 

Archive of August’s news releases is listed below, click the link to be taken to the full story.

  Equinox Gold Produces The First Gold Ore at Valentine

  Ora Banda Mining Report Record Revenue of A$404 million

  Horizon Minerals Acquires the Gordon Dam Project

  Omai Increases Indicated Mineral Resources to 2.1 M Oz AU

  Pacgold Issue Alice River Gold Project Drilling Update

  Catalyst Metals Trading Halt

  Galiano Gold Reports Exceptional Drill Results at Abore

  Mining Review 24th August 2025

  Pacgold Farm In Agreement to acquire St George Gold-Antimony Project

  Kaiser Reef Issue Clarification Statement

  Awalé Expands Systematic Exploration Over Highly Prospective Land

  Ora Banda Mining Diggers and Dealers Presentation

  Catalyst Metals Makes Intercepts outside Trident’s Resource envelope

  Equinox Gold Delivers Solid Q2 2025 Financial and Operating Results

  Orla Mining Reaches Major Milestone in Nevada with NOI

  Mining Review 17th August 2025

  G Mining Ventures Reports Strong Q2 2025 Results

  Orla Mining Reports Q2 2025 Financial Results

  West Red Lake Gold Expands High-Grade Zone 36.85 g/t Au over 6.9m

  Barton Gold Begins Diamond Drilling at Tolmer Discovery

  Equinox Gold Agrees to Divest Non-Core Nevada Assets for US$115 M

  Neometals Exits The Lithium Recycling Business

  Mining Review 10th August 2025

  Caprice Announce High-Grade Gold Discovery

  West Red Lake Gold Provides Madsen Mine Operations Update

  Ora Banda Expands Little Gem High-Grade Strike to Over 1KM

  Orla Mining Provides Update on Pit Wall Event at Camino Rojo

  Kaiser Reef continues profitable operations – Period Ending 31 July 2025

  New Murchison Gold Knock Back Meeka Offer

  Mining Review 3rd August 2025

  Capricorn Acquires Mongers lake to Expand Mt. Gibson

  Market Review July 2025 Published

 

——-

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author may hold shares in some or all of the companies mentioned

.

To read our full terms and conditions, please click HERE




Equinox Gold Produces The First Gold Ore at Valentine

Equinox Gold (TSX: EQX / NYSE: EQX)

Provide an update on its cornerstone Canadian mining operations, the Valentine Gold Mine located in Newfoundland & Labrador, and the Greenstone Gold Mine  located in northern Ontario.

The Valentine Gold Mine has begun processing ore through its 2.5-million-tonne-per-annum facility.

 

 

.

Calibre Mining

Equinox gold Valentine Gold Mine – Credit Calibre Mining

 

 

.

Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$8.64 Billion @ C$11.37
Location Canada, Nicaragua, USA, Brazil
Website www.equinoxgold.com

 

 

Equinox Gold Advances Canadian Operations with First Ore Processed at the Valentine Gold Mine and Leadership Additions at the Greenstone Gold Mine

Download

.

Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX)(“Equinox Gold” or the “Company”) is pleased to provide an update on its cornerstone Canadian mining operations, the Valentine Gold Mine (“Valentine”) located in Newfoundland & Labrador, and the Greenstone Gold Mine (“Greenstone”) located in northern Ontario.

 

 

.

 

Darren Hall, Chief Executive Officer of Equinox Gold, commented:

“I am pleased to announce that our Valentine Gold Mine has begun processing ore through its 2.5-million-tonne-per-annum facility.

 

“We expect to pour first gold within the next month, marking another important milestone for Equinox Gold as we bring our second cornerstone Canadian mine into production (see video here).

 

“With a skilled operating team, with proven commissioning expertise, established systems and procedures and critical spares in place, the team is well positioned to ramp-up to nameplate capacity during Q2 2026.

 

“At that point, Valentine is expected to produce between 175,000 and 200,000 ounces of gold annually for the first 12 years of its 14-year reserve life.

 

“Equinox Gold is entering a pivotal phase of growth, with production and cash flow expected to increase meaningfully as Valentine ramps up and Greenstone approaches nameplate capacity.

 

“At Greenstone, the ramp-up continues to advance, supported by new leadership and technical expertise. Bryan Wilson has been appointed Vice President of Operations and will start on September 3, bringing more than 37 years of experience in both open pit and underground mining to the team.

 

“Bryan has a proven track record of safe, efficient, and profitable operations and is widely recognized as a change agent who drives performance improvements while upholding the highest safety standards.

 

“Bryan was most recently Vice President of Operations at IAMGOLD’s Côté Gold Mine, where he led the transformation of the operation through commissioning, optimization, and into steady-state delivery.

 

“We also welcomed Roger Souckey as Director, External Relations. With 35 years of global mining experience at both the site and corporate levels, Roger will lead stakeholder and community relations at Greenstone.

 

“The Company has also strengthened its executive leadership team with the appointment of Daniella Dimitrov as Executive Vice President of Sustainability, People & Strategy.

 

“With more than 25 years of leadership experience in strategy, finance, and governance, Daniella adds valuable expertise that will advance our vision of building a top-quartile gold producer anchored by long-life Canadian mines.

 

“Additionally, holders of the Company’s 2020 Convertible Notes elected to convert their notes into common shares at the conversion price of US$6.50 per share and on August 18, 2025, Equinox Gold issued 21.4 million shares to fully settle the US$139.2 million principal amount of the notes. The retirement of the 2020 Convertible Notes marks another step in the Company’s objective to reduce overall leverage.”

.

.

——-

.

To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.

.

 

 

 

 




Mining Review 24th August 2025

Mining Review 24th August 2025

Equinox Gold delivered a solid quarter’s results, prior to the commencement of gold production at their Valentine Mine later this year.

Catalyst Metals announced a new gold discovery outside the existing resource envelope.

 

 

.

Equinox Gold

Credits – Equinox Gold Corp.

Archives

image_pdfimage_print
City Investors Circle Mining Review 24th August 2025
.

Equinox Gold delivered a solid quarter’s results, prior to the commencement of gold production at their Valentine Mine later this year.

Catalyst Metals announced a new gold discovery outside the existing resource envelope.

Small cap explorer Pacgold signed an agreement to acquire the St. George antimony / Gold project in a surprise announcement. I would prefer they focused on the present project rather than diversify and have to try and run two projects simultaneously, which divides precious funds and will require more fundraising.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

Pacgold Farm In Agreement to acquire St George Gold-Antimony Project

Kaiser Reef Issued a Clarification Statement

Awalé Expands Systematic Exploration Over Highly Prospective Land

Ora Banda Mining Diggers and Dealers Presentation

Catalyst Metals Makes Intercepts outside Trident’s Resource envelope

Equinox Gold Delivered a Solid Q2 2025 Financial and Operating Results

Orla Mining Reached a Major Milestone in Nevada with NOI

Mining Review 17th August 2025

.

——-

 

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices 240825 Weekly % change
Gold price in UK £ 2498 1.38%
Gold in AUD$ 5218 1.79%
Gold 3374 1.11%
Silver 39.16 2.84%
Palladium 1122 0.72%
Platinum 1351 1.05%
Rhodium 7475 -0.33%
Copper 4.628 1.02%
Nickel 6.81 -1.16%
Zinc 1.27 0.00%
Tin 15.16 -0.13%
Cobalt 15.12 0.00%
Lithium 11348 -0.60%
Uranium 73.3 0.96%
Iron Ore 110 -0.27%
Coking Coal 189.3 -0.63%
Thermal coal 111 1.37%

 

.

.Click HERE for live Spot Metal Prices 

.=======

.

City Investors Circle is based in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Equinox Gold Delivers Solid Q2 2025 Financial and Operating Results

Equinox Gold Corp. (TSX: EQX)

Announced its Q2 2025 financial and operating results.

These results included a contribution from the Calibre Mining acquisition that closed during the quarter.

 

 

.

Equinox Gold

Courtesy of Equinox Gold

 

 

.

 

 

.

Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$8.13 Billion @ C$10.8
Location Canada, Nicaragua, Brazil
Website www.equinoxgold.com

.

Equinox Gold Delivers Solid Second Quarter 2025 Financial and Operating Results

Download

Poised for Major Inflection in Q3 2025 Including Calibre Asset Production
Canadian Greenstone Gold Mine Ramp-up and Valentine Gold Mine Start-up

 

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Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce its Q2 2025 financial and operating results.

The Company’s unaudited condensed consolidated interim financial statements (“Financial Statements”) and related management’s discussion and analysis (“MD&A”) are available for download on the Company’s profile on SEDAR+ atwww.sedarplus.ca, on EDGAR atwww.sec.gov/edgarand on the Company’s website atwww.equinoxgold.com.

 

All financial figures are in US dollars, unless otherwise indicated.

 

 

.

 

Darren Hall, CEO of Equinox Gold, commented:

“Equinox Gold is entering a pivotal growth phase.

 

“Q2 delivered solid results, led by Greenstone, where mining rates increased 23% and processing rates improved 20% over Q1.

 

“Building on that momentum, Q3 is off to a strong start, with quarter-to-date ex-pit mining volumes 10% higher than Q2 and process plant throughput averaging 24.5 kptd over the last 30 days, including more than one-third of the days above nameplate capacity of 27 ktpd. This sets the stage for our true inflection point in Q3, driven by a full-quarter contribution from the Calibre assets, first ore processed at Valentine, and continued improvement at Greenstone.

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“If the Calibre transaction had been effective from January 1, 2025, our pro-forma consolidated revenue for the first half would have been approximately $1.33 billion, highlighting the enhanced scale and earnings power of the combined company.

 

“We expect a strong second half of the year, with production on track to meet our full-year consolidated guidance of 785,000 to 915,000 ounces and anticipate continued growth in both production and cash flow into 2026.

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“Our focus is clear as we grow into a top-tier producer – operational excellence, disciplined capital allocation, and deliver on our commitments to drive debt reduction, optimize our balance sheet, and maximize returns for shareholders.”

 

 

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HIGHLIGHTS FOR Q2 2025 AND SUBSEQUENT EVENTS(1)

  • On June 17, 2025, Equinox Gold closed its acquisition of Calibre Mining Corp. (“Calibre”)
  • Produced 219,122 ounces (“oz”) of gold, including full period contributions of 72,823 oz of gold from the Nicaragua operations and Pan Mine (“Calibre Assets”)(2), excluding 1,975 oz from Castle Mountain and 1,495 oz from Los Filos(3)
  • Total cash costs of $1,478 per oz and all-in sustaining costs (“AISC”) of $1,959 per oz(4)
  • Cash flow from operations before changes in non-cash working capital of $126.0 million ($132.9 million after changes in non-cash working capital)
  • Mine-site free cash flow before changes in non-cash working capital of $154.5 million ($178.4 million after changes in non-cash working capital)(4)
  • Adjusted EBITDA of $200.5 million(4)
  • Income from mine operations of $159.8 million
  • Net income of $23.8 million or $0.05 per share (basic)
  • Adjusted net income of $56.7 million or $0.11 per share(4)
  • Sustaining expenditures of $71.1 million(4)and non-sustaining expenditures of $42.3 million
  • Cash and equivalents (unrestricted) of $406.7 million at June 30, 2025
  • Net debt(4)of $1,373.7 million at June 30, 2025
  • Announced agreement to sell non-core Nevada assets for US$115 million (see link)
  • Valentine Gold Mine enters the final stages of commissioning with ore processing expected to commence before the end of August 2025, followed by the first gold pour approximately one month later
  • Senior leadership transition: Darren Hall was appointed Chief Executive Officer and Director on July 22, 2025.
  • Nicaragua exploration results: Reported new high-grade resource expansion drill results, including:
    • 36.77 g/t gold over 6.9 metres, 8.55 g/t gold over 14.6 metres, 10.19 g/t gold over 6.0 metres

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To read the full news release, please click HERE

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To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.




Mining Review 17th August 2025

Mining Review 17th August 2025

Equinox Gold started the sell off of non core assets, selling the Nevada located Pan and Gold Rock mines to Minera Alamos.

West Red lake Gold Mines reported high-grade gold intercepts at the Madsen mine in Red Lake.

 

 

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Equinox Gold

Equinox Gold Pan mine vista – Courtesy of Fiore Gold

 

 

 

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City Investors Circle Mining Review 17th August 2025

 

Equinox Gold started the sell off of non core assets, selling the Nevada located Pan and Gold Rock mines to Minera Alamos.

West Red lake Gold Mines reported high-grade gold intercepts at the Madsen mine in Red Lake.

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The price of lithum is rising strongly as China cuts back production to raise oversold prices by restricting supply.

The Gold / Silver ration continues to fall, now down to 88.
.
A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

  G Mining Ventures Reported Strong Q2 2025 Results

  Orla Mining Reported Q2 2025 Financial Results

  West Red Lake Gold Expanded the High-Grade Zone 36.85 g/t Au over 6.9m

  Barton Gold Began Diamond Drilling at Tolmer Discovery

  Equinox Gold Agrees to Divest Non-Core Nevada Assets for US$115 M

  Neometals Exited The Lithium Recycling Business

  Mining Review 10th August 2025

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Small events from our watchlist companies this week

Impact Minerals Interview with MD Dr. Jones

New Murchison Gold corporate presentation

Galiano Gold target price increased 25% by BMO analyst

 

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Market Data

Weekly Price Changes

(US$ unless stated)

.

Metal Prices Price Weekly % change
Gold price in UK £ 2464 -2.69%
Gold in AUD$ 5126 -1.20%
Gold 3337 -1.80%
Silver 38.08 -0.31%
Palladium 1114 -0.98%
Platinum 1337 0.60%
Rhodium 7500 7.07%
Copper 4.54 1.79%
Nickel 6.89 0.44%
Zinc 1.27 -0.78%
Tin 15.18 -0.78%
Cobalt 15.12 -4.06%
Lithium 11416 14.35%
Uranium 72.6 0.48%
Iron Ore 110.3 0.27%
Coking Coal 190.5 -1.55%
Thermal coal 109.5 -4.78%

.

.Click HERE for live Spot Metal Prices 

.=======

.

City Investors Circle is based in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE

 




Mining Review 3rd August 2025

Mining Review 3rd August 2025

The price of copper tanked on the news that Trump isn’t going to tariff all copper imported into the USA.

Equinox gold announced new high-grade gold drill results, and a leadership transition.

 

 

.

Equinox Gold

Equinox Gold Greenstone Mine – Credits Equinox Gold Corp.

 

 

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City Investors Circle Mining Review 3rd August 2025

 

 

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Mining Review 3rd August 2025 – The price of copper tanked on the news that Trump isn’t going to tariff all copper imported into the USA. The price fell a whopping 23.4% after the news.

Gold move up 2% week on week, and silver fell after a recent strong run, causing the gold silver ration to increase after weeks of falling.

——

Equinox Gold announced new high-grade gold drill results, and a leadership transition. The feeling in the market is that this is one to watch over the next year, as providing the price of gold remains high EQX will be able to pay down it’s current debt in large chunks.

Equinox also announced that former Calibre Mining CEO Darren Hall has assumed the role of CEO.

Darren has huge experience in the gold mining sector, with Kirkland Lake Gold and Newmarket Gold, before transforming Calibre from a junior mining company to a mid tier producer before being acquired by Equinox.

Darren looks a safe pair of hands to lead the company forwards from here in my opinion.

Capricorn Metals agreed to purchase the Mongers Lake project contiguous to their Mt. Gibson project as they consolidate the area around Mt. Gibson.

——

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

 

,

——-

Market Data

Weekly Price Changes

(US$ unless stated)

.

.

Metal Prices Price Weekly % change
Gold price in UK £ 2534 1.97%
Gold in AUD$ 5193 2.20%
Gold 3364 0.78%
Silver 37.09 -3.16%
Palladium 1205 -4.29%
Platinum 1315 -6.61%
Rhodium 7000 12.00%
Copper 4.42 -23.40%
Nickel 6.71 -2.61%
Zinc 1.22 -4.69%
Tin 14.08 -10.38%
Cobalt 15.76 4.23%
Lithium 9503 -3.25%
Uranium 71.5 -1.11%
Iron Ore 109 -2.33%
Coking Coal 187 5.06%
Thermal coal 117.5 3.71%
Metal ETFs Price Weekly % change
GLD 309.11 0.56%
GDX 52.45 -2.80%
GDXJ 65.03 -4.11%
Sil 47.58 -4.94%
SILJ 14.54 -6.13%
GOEX  (PCX) 43.51 -5.37%
URA 38.22 -8.63%
COPX  42.75 -5.46%
HUI  429.38 -2.97%
Gold / Silver ratio 90.70 4.07%

Click HERE for live Spot Metal Prices 

 

.=======

.

City Investors Circle is based in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE




Equinox Gold Reports New High-Grade Gold Drill Results

Equinox Gold. (TSX / NYSE: EQX)

Provided an update from the exploration campaign at its producing El Limon Mine Complex in Nicaragua.

Initial results of the planned 100,000 metres of discovery and resource expansion diamond drilling at El Limon in 2025 have yielded the highest-grade gold mineralization discovered to date on the property.

 

 

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Calibre Mining

El Limon Mine – Credits Calibre Mining

 

 

.

 

 

.

Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$6.51 Billion @ C$8.74
Location Canada, Nicaragua, USA, Brazil
Website www.equinoxgold.com

 

 

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Equinox Gold Reports New High-Grade Resource Expansion Drill Results: Intercepts include 36.77 g/t gold over 6.9 metres, 8.55 g/t gold over 14.6 metres, 10.19 g/t gold over 6.0 metres

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Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (Equinox Gold” or the “Company”) is pleased to provide an update from the exploration campaign at its producing El Limon Mine Complex (“El Limon”) in Nicaragua.

Initial results of the planned 100,000 metres of discovery and resource expansion diamond drilling at El Limon in 2025 have yielded the highest-grade gold mineralization discovered to date on the property, demonstrating significant potential to extend the mineralized corridor to both the north and west of the existing producing deposits.

 

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El Limon Highlight Drill Results 

  • 36.77 grams per tonne gold (“g/t Au”) over 6.9 metres estimated true width (“ETW”) (EL-TMR-25-036)
  • 13.93 g/t Au over 2.7 metres ETW (LIM-24-5088), 17.85 g/t Au over 3.2 metres ETW (EL-TMR-25-016)
  • 22.18 g/t Au over 4.4 metres ETW (EL-TMR-25-031), 8.45 g/t Au over 3.2 metres ETW (EL-TMR-25-021)
  • 13.47 g/t Au over 4.5 metres ETW (EL-TLV-25-1704), 4.55 g/t Au over 5.2 metres ETW (EL-BAB-25-150)
  • 10.19 g/t Au over 6.0 metres ETW (EL-TLV-25-1706), 5.46 g/t Au over 5.0 metres ETW (EL-TLV-25-1705)
  • 8.55 g/t Au over 14.6 metres ETW (EL-BAB-25-121), 27.39 g/t Au over 1.9 metres ETW (EL-TMR-25-041)
  • 12.71 g/t Au over 3.7 metres ETW (EL-TLV-25-1710)

 

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Darren Hall, Chief Executive Officer of Equinox Gold commented:

 “El Limon was acquired from B2Gold in Q4 2019, at a time when the Nicaraguan assets contained a combined Mineral Reserve of approximately 140,000 ounces of gold.

 

“Since then, through focused exploration and disciplined execution, the team has delivered more than a 700% increase in Mineral Reserves, net of production depletion across the assets, underscoring the prospectivity of the region and our ability to unlock value through discovery.

 

“In January 2025, we celebrated the milestone of pouring our one-millionth ounce of gold in Nicaragua since the acquisition, and year-end 2024 Nicaragua Mineral Reserves totalled 1.12 million ounces of gold grading 4.36 grams per tonne.

 

“These recent high-grade drilling results demonstrate the extension of gold mineralization in three areas of the property: adjacent to the operating Panteon underground mine, along the multi-kilometre VTEM Gold Corridor and along trend of the past-producing Talavera mine.

 

“The Company currently has an active multi-rig drill program underway and today’s results at El Limon continue to demonstrate the potential for meaningful mineral resource growth and additional new discoveries.

 

“Over the last five years, we have successfully permitted and brought four new satellite mines into production in the country, typically progressing from discovery to first production within 18 to 24 months.

 

“Given the upside potential for new satellite mines, our permitting track record, and surplus milling capacity within the hub and spoke operating platform, we believe these exploration results continue to significantly enhance the long-term value of these assets in Equinox Gold’s portfolio.”

,

To read the full news release please click HERE

 

=======

.

.To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.




Equinox Gold Announces Senior Leadership Transition

Equinox Gold (TSX / NYSE: EQX)

Announced a leadership transition.

Greg Smith has stepped down as Chief Executive Officer and Director, and Darren Hall, current President and Chief Operating Officer, has been appointed Chief Executive Officer and Director effective immediately.

 

 

.

Equinox Gold

Equinox Gold Greenstone Mine – Credits Equinox Gold Corp.

 

 

.

 

 

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Equinox Gold TSX: EQX
Stage Production, development, exploration
Metals Gold
Market cap C$6.51 Billion @ C$8.74
Location Canada, Nicaragua, USA, Brazil
Website www.equinoxgold.com

 

 

,

 

Equinox Gold Announces Senior Leadership Transition

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Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX)(“Equinox Gold” or the “Company”) announces a leadership transition.

Greg Smith has stepped down as Chief Executive Officer and Director, and Darren Hall, current President and Chief Operating Officer, has been appointed Chief Executive Officer and Director effective immediately.

Darren is a proven executive with a long history of mining industry experience who previously served as Calibre Mining’s President & Chief Executive Officer from 2021 through to the transaction with Equinox Gold. Concurrent with this transition, David Schummer, formerly Executive Vice President, Operations, has been appointed Chief Operating Officer of Equinox Gold.

.

 

Ross Beaty, Chair of Equinox Gold, commented:

“Greg is a founding executive and shareholder of Equinox Gold whose leadership and strategic vision have been instrumental in growing the Company from concept into the multi-asset, multi-billion-dollar gold producer it is today.

 

I want to sincerely thank Greg personally, and on behalf of the Board of Directors, for his vision, dedication, and leadership.”

.

.

Darren Hall brings 40 years of global mining experience with a consistent track record of operational excellence and value creation.

As President and Chief Executive Officer of Calibre Mining, he significantly increased production, lowered costs, and drove disciplined capital allocation, delivering strong free cash flow and exceptional shareholder returns. Under his leadership, Calibre transformed into a high-performing gold producer, culminating in its successful merger with Equinox Gold in June 2025.

Previously, Darren was Chief Operating Officer at both Kirkland Lake Gold and Newmarket Gold and earlier spent nearly three decades with Newmont Corporation in a series of progressively senior roles. Across all organizations, he has demonstrated a strong commitment to safety, cost discipline, and long-term business performance.

.

 

Darren Hall, Chief Executive Officer, added:

“I’m honoured to lead Equinox Gold at such a pivotal moment in the Company’s evolution and I’m excited to work alongside our talented team to unlock the full potential of Equinox Gold’s exceptional portfolio.

 

“Our focus will be on disciplined execution, operational excellence, and delivering consistent, reliable performance as we enter this next phase of growth and optimization, building on the solid foundations Greg and his team have established.

 

“This leadership transition marks Equinox Gold’s evolution from a high-growth consolidator to a top-tier global gold producer, anchored by Greenstone and Valentine, both high-quality, long-life assets.”

,

 

To read the full news release, please click HERE

 

=======

.

.To View Equinox Gold’s historical news, please click here

.

The live gold price can be found HERE

.

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Disclosure

At the time of writing the author holds shares in Equinox Gold.

.

To read our full terms and conditions, please click HERE




Mining Review 20th July 2025

Mining Review 20th July 2025

Ora Banda Mining’s 2025 results and 2026 guidance disappointed the market. Equinox Gold reported Q2 2925 production of 219,122 ounces of gold.

Gold trod water as crypto seems to hold investor focus currently.

 

 

.

Equinox Gold

 

 

 

.

City Investors Circle Mining Review 20th July 2025

 

Ora Banda Mining’s 2025 results and 2026 guidance disappointed the market. Equinox Gold reported Q2 2925 production of 219,122 ounces of gold.

Lefroy Exploration’s shareprice jumped on news that it has secured funding to allow the lucky Strike toll milling operation to start.

On the exploration front G2 Goldfields announced the best drill hole to date at their New OKO surface discovery in Guyana.

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Gold trod water as crypto seems to hold investor focus currently. Silver slid back a tad, after it’s recent sudden rise. Platinum and Palladium continued their recent surge.

——-

A list of all the significant news releases from our watchlist companies last week is below, please click on the link to be taken to the full story.

  Ora Banda Mining FY25 Production Results And FY26 Guidance

  Lefroy Exploration secures funding via BML Lucky Strike Profit Cash Advance

  G2 Goldfields Drills Best Holes to Date in New OKO Surface Discovery

  Barton Gold Expedites Tolmer Soil Sampling Tests

  Galiano Gold Announced Drilling Results Including 36m @ 2.5 G/T Au

  Equinox Gold Reported Q2 2025 Gold Production of 219,122 Oz

  Mining Review 13th July 2025

.

——-

 

Market Data

Weekly Price Changes

(US$ unless stated)

Metal Prices Price Weekly % change
Gold price in UK £ 2503 0.68%
Gold in AUD$ 5149 0.92%
Gold 3349 -0.18%
Silver 38.26 -0.16%
Palladium 1300 6.91%
Platinum 1441 3.00%
Rhodium 5750 3.60%
Copper 5.57 -0.36%
Nickel 6.9 0.44%
Zinc 1.28 3.23%
Tin 14.97 -1.64%
Cobalt 15.12 0.00%
Lithium 9165 5.07%
Uranium 71.3 -3.39%
Iron Ore 110.4 5.54%
Coking Coal 177 0.00%
Thermal coal 112.3 -0.62%
Metal ETFs Price Weekly % change
GLD 308.39 -0.24%
GDX 51.13 -2.46%
GDXJ 66.19 -3.85%
Sil 48.19 -5.21%
SILJ 14.95 -5.44%
GOEX  (PCX) 45.1 -1.98%
URA 40.93 9.12%
COPX  43.87 -2.86%
HUI  421.2 -2.13%
Gold / Silver ratio 87.53 -0.02%

 

Click HERE for live Spot Metal Prices 

 

.=======

.

City Investors Circle is based in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non-deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

Declaration

At the time of writing the author may hold positions in any of the stocks mentioned.

.

To read our full terms and conditions, please click HERE